What would you estimate the cost of coding a website exactly similar to Huffingtonpost? Im assuming its near the $50,000-75,000 area?
I would personally accept the project for between $12,000 and $15,000. The cost of design needs to be taken into account too. A quality design will add an extra $2,000 or so.
Unfortunately I have to eat and so do my employees. You might be able to live on a few dollars per day, but I certainly can't. $14,000 to $16,000 is a fair price.